Covering the basics of spread betting, this book explains why it has become such a popular method for trading a whole host of markets. It also explains the forex markets to help you understand how they work, what makes currency prices move second by second, 24 hours a day, and how you can trade forex using spread betting.
Covering the basics of spread betting, this book explains why it has become such a popular method for trading a whole host of markets. It also explains the forex markets to help you understand how they work, what makes currency prices move second by second, 24 hours a day, and how you can trade forex using spread betting.
If you were to make a list of financial topics that have grabbed the interest of the wider public over recent years then spread betting and foreign exchange trading would surely be near the top. These have both been around for decades, but developments in technology and financial markets in the past five to ten years have made them extremely hot topics right now. This book starts by covering the basics of spread betting and explains why it has become such a popular method for trading a whole host of markets. Next the forex markets are explained - cutting through the jargon to help you understand how they work, what makes currency prices move second by second, 24 hours a day, and how you can trade forex using spread betting. Finally, some trading strategies are examined - approaches that you can put into practise straightaway using spread betting, and at a level of risk that suits your own particular circumstances. If you are looking to trade forex then this book provides an expert introduction - helping you to succeed by avoiding the most common pitfalls of this highly volatile but fascinating market.
David Jones first became involved with forex and spread betting in 1995, going on to work as a currency technical analyst in the late 1990s covering a wide range of currency pairs. He has worked in the spread betting industry for the past six years, for the two leading companies in this sector.
He is currently Chief Market Strategist at IG Index and is a regular interviewee on the BBC, CNN and CNBC. He has always been involved in client education and over recent years he has been involved in creating and running a wide range of educational programmes for both private and institutional investors.
If you were to make a list of financial topics that havegrabbed the interest of the wider public over recentyears - apart from of course bankers bringing the globalfinancial system to its knees with ever more imaginativeways to wrap up high risk loans - then spread betting andforeign exchange trading would surely be near the top.These have both been around for decades, but developmentsin both technology and financial markets in the past fiveto ten years are the reasons they have become such hottopics. This book starts by covering the basics of spreadbetting and explains why it has become such a viablealternative to trade a whole host of markets in recentyears. Then the forex markets are explained - cuttingthrough the jargon to help you understand how this works,what makes currency prices move second by second, 24hours a day and how you can trade forex using spreadbetting.
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